VW will cover some costs of hardware retrofits for diesel cars - German minister
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On October 29, 2020, Weis Markets (NYSE: WMK ) announced shareholders can expect to receive a dividend payable on November 23, 2020. The stock will then go ex-dividend 1 business day(s) before the record date. Weis Markets, which has a current dividend payout of $0.31, has an ex-dividend date scheduled for November 6, 2020. That equates to a dividend yield of 2.71% at current price levels. The Significance Of An Ex-Dividend Date Ex-dividend dates signal when company shares cease to trade with their current dividend payouts. There is a small intermission period before companies announce new dividends. Usually, a companys ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis. Understanding Weis Marketss Dividend Payouts And Yields Over the past year, Weis Markets has seen its dividend payouts remain the same and its yields trend downward. Last year on November 7, 2019 the companys payout sat at $0.31, which has returned to its value today. Weis Marketss dividend yield last year was 3.26%, which has since decreased by 0.55%. Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market. To read more news on Weis Markets click here . See more from Benzinga Click here for options trades from Benzinga Ex-Dividend Date Insight: Alexanders Ex-Dividend Date Insight: Rush Enterprises © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. View comments
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